xAI, Tesla and Receives Shareholder Proposals
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The annual meeting will be in November, nearly four months after what is required under Texas law. Tesla said on Thursday that it would hold a shareholders meeting on Nov. 6, nearly four months after what is required under Texas law.
Tesla has scheduled an annual shareholder meeting for November, one day after it came under pressure from major shareholders to do so. Billionaire Elon Musk's company said in a regulatory filing on Thursday that the meeting would be held Nov.
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The Cool Down on MSNTesla hit with backlash from key shareholders ahead of pivotal meeting: 'Particularly troubling'The company almost faced legal issues for not holding a shareholder meeting within 13 months of its previous one. Tesla hit with backlash from key shareholders ahead of pivotal meeting: 'Particularly troubling' first appeared on The Cool Down.
Tesla will hold its annual shareholder meeting on November 6, it said on Thursday, a day after a group of 27 investors urged the Elon Musk-led electric automaker to set a date, citing legal obligations.
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.
Tesla has yet to schedule its annual shareholder meeting in accordance to Texas law four days ahead of the deadline, and investors are restless.
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This four-month delay is going to raise all manner of questions about what the heck is going on with Elon Musk's empire.
He said his ownership stake is "a major concern," noting he hoped the Tesla board addresses the issue at its annual shareholder meeting in November.
Under pressure from a group of investors, Tesla Inc. has finally scheduled its annual shareholder meeting. The meeting will be held Nov. 6.
Questions from investors and analysts during Tesla’s conference call for its second-quarter earnings covered a number of topics, ranging from self-driving cars to robots to new vehicle models. Nothing shocking came out of the call’s Q&A portion.